The Insurance companies provide an option of reactivating the lapsed policy, within a specific period of time post the grace period. This period is known as                          

Related MCQs

• Name the committee that recommended the entry of the private sector in the insurance business and also foreign companies be allowed entry by forming joint venture with Indian companies
• How many insurance companies were merged to form the Life Insurance Corporation of India?
• How many insurance companies were nationalized under the General Insurance Business (Nationalization) Act (GIBNA) 1972?
• How many insurance companies were merged with National Insurance Company Limited after nationalization in 1972?
• The Insurance Act to govern both life insurance and non-life insurance was passed in which year?
• An insurance policy designed to protect professionals and business owners when they are found to be at fault for a specific event such as misjudgment is termed as                             
• Which Section of the Insurance Act 1938, allows the life insurers to call a policy into question, within the initial 3 years, on the ground of misrepresentation or fraud?
• The Insurance plan under which a number of employees and their dependents are insured under a single policy is known as                           ?
• The Life Insurance Companies Act was passed in which year?
• How many public sector life insurance companies are functional in India?